Public Utility Holding Company Act of 1935

ReNew Announces Results for the First Quarter (Q1 FY24) and Fiscal 2024 Ended June 30, 2023

Retrieved on: 
Friday, August 18, 2023
Accounting, Other Energy, Professional Services, Utilities, Other Natural Resources, Alternative Energy, Energy, Natural Resources, Environment, Public Relations, Investor Relations, Other Professional Services, Communications, Finance, Federal Reserve Bank, IST, Bank statement, COVID-19, Electricity, Registrar, INR, Professional, Translation, Letter, PPA, UK, Public Utility Holding Company Act of 1935

A conference call has been scheduled to discuss the earnings results at 8:30 AM ET (6:00 PM IST) on Aug 21, 2023.

Key Points: 
  • A conference call has been scheduled to discuss the earnings results at 8:30 AM ET (6:00 PM IST) on Aug 21, 2023.
  • The financial statements in this press release are not the Company’s statutory accounts as defined in section 434 of the UK Companies Act 2006.
  • Statutory accounts for the Company’s financial year ended March 31, 2023 have not yet been delivered to the Registrar of Companies for England and Wales.
  • There is no assurance that we will be able to sign a PPA even though we have received a letter of award.

Corruption in South Africa: whistleblower protection law is being reformed - but it may not go far enough

Retrieved on: 
Thursday, July 20, 2023
Department of Justice and Constitutional Development, Protected Disclosures Act 2000, Human rights commission, Justice, Face, Public Utility Holding Company Act of 1935, Public Protector, Public, Maryland Public Service Commission, Public Service Commission, Research, Zondo Commission, Person, Government, Complaint, Constitution, Companies Act, Prevention of Corrupt Activities Act, 2004, Rajasthan State Human rights Commission, National Environmental Management Act, 1998, Environment, Corruption, Safety, Texas Juvenile Justice Department, Legislation, Drug, Private investigator, Pharmaceutical industry, Financial services, Property management, Real estate, Practice of law

South Africa is on the path to reforming its law on whistleblowing to provide improved protection for individuals who expose corruption and illegal activity.

Key Points: 
  • South Africa is on the path to reforming its law on whistleblowing to provide improved protection for individuals who expose corruption and illegal activity.
  • The country’s Department of Justice and Constitutional Development recently published a discussion document on the proposed reforms.
  • This first step in reforming the country’s law on whistleblowers is to be welcomed.
  • I am a company law professor with many years of research in corporate governance – including corruption and whistleblowing – in South Africa.

Financial incentives

    • The discussion document rejects the idea of providing financial rewards to whistleblowers.
    • It opts instead for a fund to assist those who are dismissed and who face severe financial hardship for blowing the whistle.
    • While the fund may provide some relief to unemployed whistleblowers, it does not go far enough to give whistleblowers an incentive to come forward.
    • Without adequate incentives, whistleblowers may hesitate to come forward and expose corruption.

Other proposals for reform

    • This proposal is commendable because of the risks whistleblowers face in South Africa.
    • Legal Aid South Africa should provide legal assistance to whistleblowers at the justice minister’s discretion.
    • It is, however, crucial to establish effective processes and to avoid prolonged delays in addressing complaints.

Consolidated legislative framework


    The main statutes governing whistleblowing in South Africa are the Protected Disclosures Act of 2000 and the Companies Act of 2008. But there are at least nine other statutes governing whistleblowing. These include:
    • The complexity and vagueness may also discourage people from disclosing wrongdoing.
    • The proposed reforms focus at this stage on enhancing the Protected Disclosures Act, but not the other statutes related to whistleblowing.
    • Given South Africa’s staggering and escalating corruption levels, a strong legal framework is needed which both encourages whistleblowing and effectively protects whistleblowers.
    • Hopefully, the final reforms will provide stronger encouragement and incentives for whistleblowers, considering the risks they face while bravely serving society.

ReNew Announces Results for the Fourth Quarter (Q4 FY23) and Fiscal 2023, both ended March 31, 2023

Retrieved on: 
Tuesday, June 6, 2023
Other Energy, Environment, Utilities, Alternative Energy, Energy, Climate Change, Federal Reserve Bank, IST, Bank statement, COVID-19, Electricity, Registrar, INR, Professional, Translation, Letter, PPA, UK, Public Utility Holding Company Act of 1935

A conference call has been scheduled to discuss the earnings results at 8:30 AM ET (6:00 PM IST) on June 7, 2023.

Key Points: 
  • A conference call has been scheduled to discuss the earnings results at 8:30 AM ET (6:00 PM IST) on June 7, 2023.
  • The financial statements in this press release are not the Company’s statutory accounts as defined in section 434 of the UK Companies Act 2006.
  • Statutory accounts for the Company’s financial year ended March 31, 2023 have not yet been delivered to the Registrar of Companies for England and Wales.
  • There is no assurance that we will be able to sign a PPA even though we have received a letter of award.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Integra LifeSciences Holdings Corporation and Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Wednesday, May 24, 2023
Class Action Lawsuit, Professional Services, Legal, Private label, Integra, Certification, Public Utility Holding Company Act of 1935, Suite, Ethics, FDA, Regulation of tobacco by the U.S. Food and Drug Administration, Food, Security (finance), Pharmaceutical industry

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Integra LifeSciences Holdings Corporation (“Integra” or “the Company”) (NASDAQ: IART ) for violations of the securities laws.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Integra LifeSciences Holdings Corporation (“Integra” or “the Company”) (NASDAQ: IART ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Wipro Announces Fourth Quarter and Year End Results, Delivers Record Total Bookings

Retrieved on: 
Thursday, April 27, 2023
Consulting, Technology, Manufacturing, Professional Services, Other Technology, Data Analytics, Software, Artificial Intelligence, Networks, Internet, Engineering, Metaverse, IDC, Rupee, Analytics, ALCO RS-1, UST (company), NSE, International Financial Reporting Standards, MAGIC, Digital, Environment, NYSE, HFS, Automation, ISG, Quarter, Sustainability Accounting Standards Board, Research, Doc, Share repurchase, Philosophy, Limited, Companies Act, Yoy, Security (finance), Securities and Exchange Board of India, Uncertainty, International, Wipro, CAD, Publication, Pakistan Institute of Public Finance Accountants, Ecosystem, Workplace (software), Public Utility Holding Company Act of 1935, BSE, Partnership, Federal Reserve Board of Governors, DOOH, ALCO RS-2, Revenue, Cisco, Cryptocurrency, Video game, Retail, Risk management, Mobile phone, Online shopping, Gartner

We delivered two consecutive quarters of total bookings of over $4.1 billion.

Key Points: 
  • We delivered two consecutive quarters of total bookings of over $4.1 billion.
  • Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods.
  • Bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations.
  • For constant currency growth rates, refer note 2
    In the fourth quarter, Wipro continued to win large and strategic deals across industries.

UpHealth Announces Third Quarter 2022 Financial Results

Retrieved on: 
Thursday, December 29, 2022
International Court of Arbitration, Adjustment, Addiction, Partnership, Newsweek, ICA, Health, EBITDA, Annual general meeting, Compte rendu, GAAP, Audit committee, Securities and Exchange Board of India, Public Utility Holding Company Act of 1935, Security (finance), Form, International court, Kimberlite, NYSE, Exercise, Financial assistance (share purchase), Shareholder, UPH, CompTIA, Integrated care, Service, Bookkeeping, Management, Construction, Renewable energy, Video game, Risk management, Azim Premji, Glocalization

DELRAY BEACH, Fla., Dec. 29, 2022 (GLOBE NEWSWIRE) -- UpHealth, Inc. (“UpHealth” or the “Company”) (NYSE: UPH), a global digital health company delivering technology platforms, infrastructure, and services to modernize care delivery and health management, today announced financial results for the third quarter ended September 30, 2022.

Key Points: 
  • Accordingly, the financial results of Glocal as of September 30, 2022, and for the three months then ended, are not included in the Company’s unaudited condensed consolidated financial statements.
  • We continue to pursue legal action both in India’s jurisdiction as well as before the International Court of Arbitration (the “ICA”) and will vigorously defend our interests and ownership of the Glocal asset.”
    Third Quarter 2022 Financial Highlights:
    Revenues for the third quarter of 2022 was $38.7 million, compared to revenues for the third quarter of 2021 of $45.2 million.
  • Revenues and gross margin by segment for the third quarter of 2022 were:
    Operating loss for the third quarter of 2022 was $120.0 million, a 2460% increase compared to operating loss in the third quarter of 2021 of $4.7 million.
  • Adjusted EBITDA for the third quarter of 2022 was $(1.2) million, compared to Adjusted EBITDA for the third quarter of 2021 of $3.1 million.

FTC Milestones: Making the case for reform of public utility holding company laws

Retrieved on: 
Friday, November 25, 2022
Securities Act of 1933, Federal Trade Commission, Federal Energy Regulatory Commission, FTC, Sale, Review, SEC, Electricity, Commission, Electric power industry, United States Government Publishing Office, Law of the United Kingdom, Congress, Natural Gas Act of 1938, Arkansas Supreme Court, Federal Power Act, U.S. Securities and Exchange Commission, State, Public Utility Holding Company Act of 1935, Department, Death, Energy Independence and Security Act of 2007, Policy, Industrialisation, New Deal, Supreme Court of India, Annual report, Reading, Face, Industry, Electric Bond and Share Company v. Securities and Exchange Commission, The New York Times, Primary energy, Legislation, History, Regulation, Senate, Public utility
Key Points: 

The Grand Court of the Cayman Islands Granted Blue Ocean’s Application to Appoint Joint Provisional Liquidators for Global Cord Blood Corporation

Retrieved on: 
Friday, September 23, 2022
Professional Services, Finance, Companies Act, Cayman, Public Utility Holding Company Act of 1935, Grand Cayman, NYSE, Order, Company, Sclerosis (medicine), Exercise, Security (finance), Holding company, Court, Blue Ocean Strategy

Blue Ocean Structure Investment Company Ltd., (Blue Ocean) a significant shareholder of Global Cord Blood Corporation (the Company or Global Cord) (NYSE: CO), today announced the Grand Court of the Cayman Islands (the Court) issued an order granting the appointment of joint provisional liquidators (JPLs) for Global Cord, pursuant to section 104(2) of the Companies Act (2022 Revision) (the "Companies Act"), upon the application filed by Blue Ocean dated 22 August 2022.

Key Points: 
  • Blue Ocean Structure Investment Company Ltd., (Blue Ocean) a significant shareholder of Global Cord Blood Corporation (the Company or Global Cord) (NYSE: CO), today announced the Grand Court of the Cayman Islands (the Court) issued an order granting the appointment of joint provisional liquidators (JPLs) for Global Cord, pursuant to section 104(2) of the Companies Act (2022 Revision) (the "Companies Act"), upon the application filed by Blue Ocean dated 22 August 2022.
  • Margot MacInnis and John Royle of Grant Thornton Specialist Services (Cayman) Limited, 2nd Floor, Century Yard, Cricket Square, Grand Cayman KY1-1102, Cayman Islands and Chow Tsz Nga Georgia have been appointed as JPLs of the Company.
  • For more details of the Order, please refer to Blue Oceans 13D filing at: https://www.sec.gov/Archives/edgar/data/1729271/000110465922102561/tm222...
    Blue Ocean, as the largest shareholder of Global Cord, has always put the Company and all its shareholders interests as top priority and is determined to safeguard all shareholders investments in Global Cord.
  • Blue Ocean is glad to learn its application for the appointment of the JPLs for Global Cord has been approved by the Court; and believes the Companys assets will be protected and managed in a fair, impartial and unbiased manner.

Troutman Pepper Fuels Energy Practice Growth with Addition of Partner Fred Wilson to Nationally Recognized FERC Division in DC

Retrieved on: 
Monday, July 11, 2022
Federal Energy Regulatory Commission, City, Natural Gas Act of 1938, University, Public Utility Holding Company Act of 1935, Face, FERC, Engineering, Public Utility Regulatory Policies Act, Finance minister, Federal Power Act, Wilson, Georgia State University, Howard University, Natural gas, JD, American Electric, Insurance, North American Electric Reliability Corporation, MBA, Public utility, Construction, D.C

WASHINGTON, July 11, 2022 /PRNewswire/ -- Fredrick Wilson , a top energy attorney who previously served as a key legal advisor in the Federal Energy Regulatory Commission (FERC), has joined Troutman Pepper's market-leading Energy Practice Group in Washington, D.C. as a partner.

Key Points: 
  • WASHINGTON, July 11, 2022 /PRNewswire/ -- Fredrick Wilson , a top energy attorney who previously served as a key legal advisor in the Federal Energy Regulatory Commission (FERC), has joined Troutman Pepper's market-leading Energy Practice Group in Washington, D.C. as a partner.
  • "We are delighted to welcome Fred to our national energy team," said Partner Amie Colby, chair of Troutman Pepper's Regulatory and Finance Department.
  • "Our D.C. office has a large energy practice footprint, and we are excited to add Fred to the nationally recognized team," said Henry Liu, managing partner of the firm's D.C. office, which has welcomed five partners this year.
  • Troutman Pepper is uniquely positioned to offer the full range of services that participants in wholesale energy markets need, so I'm very excited to join this Energy Practice," Wilson said.

Showa Denko to Consider Simplified Absorption-type Company Split

Retrieved on: 
Thursday, May 26, 2022
Public Utility Holding Company Act of 1935, Computer, HD, Electronics, ADR, Light-emitting diode, Companies Act, Inorganic compound, Simplification, Aluminium, Petrochemical, Carbon, Chemical substance, ABM, Board, SDK, Split, Board of directors, Holding company

Through the company split and use of common ground for global operations, Shinshu Showa will serve as a globalized controlling company.

Key Points: 
  • Through the company split and use of common ground for global operations, Shinshu Showa will serve as a globalized controlling company.
  • SDK will be the Company Splitting, and Shinshu Showa will be the Company Succeeding, in the Absorption-type Split.
  • This company split, to take place between SDK and its wholly-owned subsidiary, will fall into the category of Simplified Absorption-type Company Split prescribed in Article 784, paragraph (2), of the Companies Act.
  • - August 2022 (planned) Board of Directors' resolution on the company split; conclusion of an Absorption-type Company Split Agreement
    Since this company split will take place between SDK and its wholly-owned subsidiary, the influence on SDK's consolidated business results will be minimal.